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Wheat Gains On Black Sea Risks and Corn Hits Two-Month High

Bloomberg Markets Wednesday 22 July 2026, 03:33 UTC By Sara Bapat 1 min read
Key Points

Commodities Wheat Gains On Black Sea Risks and Corn Hits Two-Month High Wheat rose for a second session on escalating Black Sea tensions and worsening crop prospects. Most-active futures in Chicago climbed as much as 0.9% as continued Russian and Ukrainian attacks fueled worries over exports from the Black Sea, a key shipping route for two of the world’s largest wheat exporters. Wheat has jumped 16% in July.

Commodities Wheat Gains On Black Sea Risks and Corn Hits Two-Month High Wheat rose for a second session on escalating Black Sea tensions and worsening crop prospects. Most-active futures in Chicago climbed as much as 0.9% as continued Russian and Ukrainian attacks fueled worries over exports from the Black Sea, a key shipping route for two of the world’s largest wheat exporters. Wheat has jumped 16% in July.
Black Sea Risks and (LOCATION) Black Sea (LOCATION) Chicago (LOCATION) Russian (ORG) Ukrainian (ORG) the Black Sea (LOCATION)
Originally published by Bloomberg Markets Read original →

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